Collectables: Scotch whisky heads east

Collectors in Asia have a thirst for rare Scotch whisky, says Chris Carter.

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It's been another good year overall for collectables, or "objects of desire" as Knight Frank rather theatrically terms them. The estate agency's Luxury Investment Index (KFLII) rose by 9% in 2018, and by 161% over the last ten years. Broken down by type of collectable, coins did well over the last 12 months, rising by 12%; wine and art were both up by 9%; and watches added 5% to their overall value. Classic cars gained just 2%, which is perhaps a sign that the market is cooling off, given its strong performance over the past decade, having risen by 258%.Still, most car marques continued to rise in value.

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Chris Carter
Wealth Editor, MoneyWeek

Chris Carter spent three glorious years reading English literature on the beautiful Welsh coast at Aberystwyth University. Graduating in 2005, he left for the University of York to specialise in Renaissance literature for his MA, before returning to his native Twickenham, in southwest London. He joined a Richmond-based recruitment company, where he worked with several clients, including the Queen’s bank, Coutts, as well as the super luxury, Dorchester-owned Coworth Park country house hotel, near Ascot in Berkshire.

Then, in 2011, Chris joined MoneyWeek. Initially working as part of the website production team, Chris soon rose to the lofty heights of wealth editor, overseeing MoneyWeek’s Spending It lifestyle section. Chris travels the globe in pursuit of his work, soaking up the local culture and sampling the very finest in cuisine, hotels and resorts for the magazine’s discerning readership. He also enjoys writing his fortnightly page on collectables, delving into the fascinating world of auctions and art, classic cars, coins, watches, wine and whisky investing.

You can follow Chris on Instagram.